The water regulator Ofwat announces a £16bn cut in proposed sector investments, sparking mixed reactions amongst companies.Draft determinations reveal Ofwat’s decision to adjust water companies’ investment…
The UK water sector’s ambitious plans for infrastructure investment have been significantly scaled back by Ofwat.Last October, water firms aimed for a £96bn upgrade of infrastructure…
The funding model developed for the Thames Tideway project is being expanded across the water industry, aiming for improved infrastructure.Ofwat has sanctioned a new funding strategy…
Ofwat has unveiled a draft determination allowing £88bn investment over the next five years.The proposed funding is £16bn less than water companies initially requested.Significant investment aims…
Thames Water’s infrastructure remains in poor condition, needing urgent financial support.The water company has invested £2.1bn, yet demands an additional £3.5bn to maintain asset stability.Current liquidity…
The launch of AMP8 marks a transformative phase for the water industry, focusing on innovation and technology.Severn Trent Water’s digital engineering lead highlighted technology’s ‘massive role’…
